Edmond's March sales tax check shows drop in growth

Edmond's monthly sales tax growth continues to decrease. The March sales tax check showed a 1.08 percent growth, the smallest percentage for the year.

 
By Diana Baldwin | Published: March 16, 2013    Comment on this article Leave a comment

Advertisement

“We are very fortunate to remain so far above our 3 percent budget projection,” Stevens said. “That is a very, very healthy increase.”

Shoppers in Edmond pay an 8.25 percent sales tax on purchases; 4.5 percent goes to the state and 3.75 percent is returned to the city. Of the city's portion, 2 percent goes to the general fund and a half-cent goes to the construction of the public safety center. The remaining city sales tax money that does not go into the general fund is divided among firefighters, the police department and capital improvements as designated by voters.

Edmond, in its March check, received $2,456,656 from the 2 percent designated for the general fund. That was $26,182 above the anticipated monthly amount.

Page 2 of 2




If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.


New Rule in ILLINOIS:
(MAY 2013): If You Pay For Car Insurance You Must Read This Immediately
www.ConsumerFinanceDaily.com
Leukemia Symptoms
You May Have Leukemia & Not Know It. Learn About Signs & Symptoms Now.
evergreen4cure.com

News Photo Galleriesview all